Israel, Hong Kong enter partnership to test new CBDC against cyber risks
The exposure-free retail CBDC the Bank of Israel and the Hong Kong Monetary Authority plan to test is assumed to carry less financial risk for consumers, Bloomberg News reported.
Unguided Bitcoin, Ethereum in Ropsten, Open PayPal, Litecoin Delisting, Friendly Senators and 20 Crypto Jokes
Another cryptoweek is behind us. Let’s recap! Bitcoin ended its record-long losing streak and BTC inflows grew while ethereum saw outflows, BTC’s historical performance is no guide for the future in 2022, Ethereum’s Ropsten testnet finally merged, while Vitalik Buterin asked the community what they disagree on with him, Justin Sun's Tron revealed more details about the USDD backing in a move to distance the stablecoin from UST, and BNB extended losses following new regulatory scrutiny and media investigation of Binance. Indian Terra investors braced for another blow after LUNA 2.0 airdrop under the new tax laws, the new LUNA fell almost 90% from its ATH, and some ApeCoin whales voted against the proposal to stay on Ethereum, but the (narrow) majority still voted to stay. While many dismissed the idea that Bitcoin Lightning Network could support DeFi apps and NFTs, the community said that a paper that claims Bitcoin's early success relied on centralization said ‘nothing new at all’. We also learned that blockchain gaming is the category within crypto that resisted the industry downturn the most.
Binance to drive crypto and blockchain awareness among Indian investors
Binance also highlighted that Indian regulators and policymakers cite the lack of education as an area of concern, hindering crypto’s widespread adoption in the region.
$27K 'max pain' Bitcoin price is ultimate buy-the-dip opportunity, says research
It may not happen, but a crash to $27,000 would be the chance for many investors to "go all in" on BTC.
Exclusive: How the Ukrainian Crypto Fundraising Started, How It's Going, and What's Next
Prior to the war, the Ukrainian government had been carefully crafting a light-touch regulatory framework aimed at promoting and fostering the crypto sector.
The evolution of blockchain: Transactions, contracts and applications
1. What is the blockchain? Blockchain technology is a cryptographic chain of peer-to-peer transactions. Blockchain transactions are stored in a trustless manner, thanks to decentralized nodes that validate and commit them.
Crypto Corner: The Sports Slice
It was a busy, but mild week in sports and crypto engagement – with Socios and it’s subsidiary Chiliz dominating the headlines with major news. Meanwhile, NFTs continued to carry the dialogue as a new marketplace, RareMint, swiftly sold out of Lou Gehrig and Michael Jordan collections, and Fanatics signing a new deal with NFTs at the forefront.
Turkey goes all-in on the metaverse, but is the public ready?
At Turkey's Forum Metaverse, President Erdoğan and the Minister of Education announced the plan to implement the metaverse into the education system.
Volvo's parent company establishes blockchain joint venture headquarters in Wuxi, China
Geely Holding sold over 2.2 million vehicles in 2021, including 698,693 Volvo cars.
NFTs will empower musicians to take back control
2021 was a breakthrough year for NFTs (non-fungible tokens), with the sale of crypto assets totalling US$24.9 billion, up from US$94.9 million in 2020.
Amid conflict, NFT projects already seek to rebuild Ukraine
Ukraine is raising funds using NFTs, showcasing the decentralized, trustless nature of blockchain technology at its best.
Cardano Founder Wants To Resurrect The Woolly Mammoth, How Does Blockchain Fit In?
Cardano founder Charles Hoskinson has shown interest in helping bring back the woolly mammoth by participating in an investment round that was just concluded. Hoskinson who was co-founder of Ethereum and later founded his own blockchain Cardano was one of the multiple investors that participated in an investment round in Colossal, to help them bring the extinct species back to life.
Visa Is Expanding Its Crypto Strategy And Is Hiring Graduates To Help With This
Visa has a number of crypto products and services that it now offers to its customers. A new job posting by the payments platform indicates that Visa is now seeking to further grow this area of their business.
Analysts Debate Economic Fallout Odds From Russia’s Invasion, Historian Says World May Face Worst Energy Crisis Since the 1970s
While Russia’s Ukraine invasion has been at the forefront of people’s minds, a global recession and the possibility of an energy crisis have been thrown into the conversation. Reports concerning the U.S. economy note that risks of an economic recession are climbing, and energy market historian Daniel Yergin thinks the current warfare in Ukraine could spark major energy issues like the 1970s oil crisis.
Binance back in Malaysia via a strategic stake in regulated digital exchange
Binance has forged an array of new partnerships with regulated firms, especially in countries where it has found it difficult to get regulatory approval.
South Korean Court Rejects Challenge to Strict Crypto, NFT Gaming Law
South Korea’s Constitutional Court. Source: AdobeStock / robepco South Korea’s Constitutional Court has upheld a law that blocks gamers from buying and selling crypto and non-fungible tokens (NFTs) – and seeks to punish those trading video game-related coins and items.
Nifty News: One NFT per human in existence and the Pixelmon controversy
A Dutch artist has made a collection of NFTs numbered up to 7.9 billion — the same amount of people in the world — as a social experiment.
Hardware Failure Behind Arbitrum’s Second Outage In Five Months
Ethereum Layer-2 network Arbitrum suffered a seven-hour outage preventing transactions from being completed. This is Arbitrum’s second outage in five months but is currently back online at the time of writing. The cause of the downtime was pinpointed as a sequencer outage.
UAE regulators pave way for crypto and blockchain adoption, says legal expert
Legal expert Kokila Alagh shared insights regarding crypto and blockchain regulations in the United Arab Emirates.
Moneygram invests in crypto atm operator, buys 4% stake
Moneygram has revealed that it has bought 4% stake in crypto ATM operator, Coinme.